Produce company needs to know the pounds of bananas to have


Produce Company needs to know the pounds of bananas to have on hand each day. Each pound of bananas costs $.10 and can be sold for $.30. Unsold bananas are worthless at the end of the day. The following demands were found after studying the last six months sales:

300 pounds of bananas 25% of the time.

400 pounds of bananas 40% of the time

500 pounds of bananas 35% of the time.

Determine whether Produce should order 300, 400, or 500 pounds of bananas

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Accounting Basics: Produce company needs to know the pounds of bananas to have
Reference No:- TGS02593757

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